Business Cash Advance

A business cash advance is a lump sum of cash provided to your business, repaid automatically from your future revenue. The industry name for it is a merchant cash advance (MCA), but most owners just call it a business cash advance because that is what it feels like: cash for the business, advanced against what the business will earn.

It is not a loan in the traditional sense. There is no interest charged and no fixed monthly payment. Instead, the cost is quoted as a factor rate and repayment happens through a share of daily sales or fixed debits from your bank account until a fixed total is repaid.

You apply in a few minutes with basic business information and your recent bank statements. Underwriting looks at your revenue and deposit consistency, not your credit score alone, and most decisions arrive within 24 hours. Applying does not require a hard credit pull.

Your offer spells out the advance amount, the factor rate, the total payback, and the repayment schedule in plain numbers. Sign the agreement and the cash is deposited into your business account, often the same business day. Repayment starts automatically on the agreed schedule.

There are two ways the money comes back. If your customers pay by card, a fixed percentage of each day's card sales can be routed to the funder automatically (our split funding advance). If your revenue lands in the bank by check, wire, or transfer, a fixed amount can be debited from your account each business day or week (our ACH cash advance).

Either way, you do not write checks or remember due dates. The repayment runs in the background while you run the business, and it stops the moment the agreed total payback is reached.

Forget loan-style pricing: a cash advance has one price, the factor rate. Multiply the advance by the factor rate and you get the total you will repay. A $20,000 advance at a 1.30 factor rate means you repay $26,000 total. That number is fixed on day one and never grows, even if repayment takes longer than expected.

Our factor rates start at 1.20. Stronger revenue and cleaner bank statements earn better rates. The full cost is disclosed in writing before you sign, so compare it against what the cash will earn you: if the opportunity beats the cost, the advance makes sense.

The bar is straightforward: at least 1 year in business, $50,000 or more in average monthly revenue, and an active business bank account with consistent deposits. Your credit gets reviewed, but a weak score alone will not disqualify you when the revenue is solid.

We fund restaurants, retailers, contractors, trucking companies, salons, medical practices, and many other industries. Open bankruptcies and recent defaults on other advances are the main disqualifiers.

It is right for you when speed and simplicity matter more than the lowest possible cost: seizing a time-sensitive opportunity, covering a gap between jobs, or fixing something that keeps revenue flowing. It is also right when banks have said no and the business still has strong revenue.

It is not right for slow, long-term projects that repay over years, or as a recurring crutch for expenses the business cannot truly afford. And if you already carry multiple advances with crushing daily payments, a new advance is not the answer: our MCA consolidation page explains the better path.